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A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Full Truck Alliance Co's Debt-to-Equity or its related term are showing as below:
During the past 7 years, the highest Debt-to-Equity Ratio of Full Truck Alliance Co was 0.03. The lowest was 0.00. And the median was 0.00.
YMM's Debt-to-Equity is not ranked *
in the Software industry.
Industry Median: 0.19 * Ranked among companies with meaningful Debt-to-Equity only.
Full Truck Alliance Co (NYSE:YMM) Debt-to-Equity Explanation
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Full Truck Alliance Co Debt-to-Equity Related Terms
Full Truck Alliance Co Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Full Truck Alliance Co's Debt-to-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Software - Application subindustry, Full Truck Alliance Co's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Full Truck Alliance Co Debt-to-Equity vs Software Industry
For the Software industry and Technology sector, Full Truck Alliance Co's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Full Truck Alliance Co's Debt-to-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Full Truck Alliance Co (YMM) has a Debt-to-Equity of 0.00 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Full Truck Alliance Co and its competitors. According to the industry distribution chart, Full Truck Alliance Co ranks #999999 out of 2247 companies in the Software industry.
Is Full Truck Alliance Co's Debt-to-Equity too high?
Full Truck Alliance Co's current Debt-to-Equity is 0.00. Based on the distribution chart, Full Truck Alliance Co ranks #999999 out of 2247 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Full Truck Alliance Co has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Full Truck Alliance Co's Debt-to-Equity compare to UBER and SHOP?
According to the Software industry distribution chart, Full Truck Alliance Co ranks #999999 out of 2247 companies for Debt-to-Equity. This places Full Truck Alliance Co in the lower half of its industry. The industry median Debt-to-Equity is 0.19. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Software company?
The median Debt-to-Equity among Software companies is 0.19, based on 2,247 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Full Truck Alliance Co and its competitors. For the Software industry, the median Debt-to-Equity is 0.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Full Truck Alliance Co's current Debt-to-Equity is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Full Truck Alliance Co stock overvalued right now?
Based on GuruFocus' analysis, Full Truck Alliance Co (YMM) is currently considered Modestly Undervalued. The stock's GF Value™ is $11.30, compared to a current price of $9.21 — trading 18.5% below its estimated fair value. The current Debt-to-Equity is 0.00. Full Truck Alliance Co's overall GF Score™ is 75/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Full Truck Alliance Co (YMM), the current Debt-to-Equity is 0.00 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Full Truck Alliance Co (YMM) Overvalued in 2026?
Based on GuruFocus' analysis, Full Truck Alliance Co stock appears to be undervalued.
The current stock price of $9.21 is trading 18.5% below its estimated GF Value™ of $11.30.
GuruFocus considers Full Truck Alliance Co to be Modestly Undervalued.
Key valuation signals for YMM:
Debt-to-Equity: 0.00
GF Value™: $11.30 vs. price of $9.21 (18.5% below fair value)
No single metric tells the full story. See the YMM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Full Truck Alliance Co Ltd, through its subsidiaries, provides comprehensive services for shippers and truckers through its mobile and website platforms. Its principal operations are in the People's Republic of China. The group derives its revenues principally from shippers and trucker's use of its platforms in connection with freight matching services and value-added services.
75GF Score
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Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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